Annual report [Section 13 and 15(d), not S-K Item 405]

Convertible Preferred Stock (Tables)

v3.25.1
Convertible Preferred Stock (Tables)
12 Months Ended
Dec. 31, 2024
Temporary Equity [Abstract]  
Summary of Outstanding Convertible Preferred Stock

The following tables summarize outstanding convertible preferred stock- for the year ended December 31, 2023 (in thousands, except share and per share amounts):

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

Issued and

 

 

 

 

 

 

Original Issue

 

 

Authorized

 

 

Outstanding

 

 

Liquidation

 

 

 

Price Per Share

 

 

Shares

 

 

Shares

 

 

Preference

 

Series A-1 Preferred

 

$

1.31

 

 

 

2,241,903

 

 

 

2,241,903

 

 

 

2,937

 

Series A-2 Preferred

 

$

1.64

 

 

 

1,240,134

 

 

 

1,240,134

 

 

 

2,034

 

Series B Preferred

 

$

3.19

 

 

 

1,533,528

 

 

 

1,533,528

 

 

 

4,892

 

Series C Preferred

 

$

5.29

 

 

 

8,509,995

 

 

 

8,509,995

 

 

 

45,000

 

Series D Preferred

 

$

5.29

 

 

 

7,130,335

 

 

 

1,835,227

 

 

 

10,514

 

 

 

 

 

 

 

20,655,895

 

 

 

15,360,787

 

 

$

65,377

 

Schedule of Preferred Conversion Price To Common Stock

 

 

Preferred Stock

 

 

 

Conversion Price to

 

Preferred Stock

 

Common Stock

 

Series A-1 Preferred

 

$

1.31

 

Series A-2 Preferred

 

$

1.64

 

Series B Preferred

 

$

3.19

 

Series C Preferred

 

$

5.29

 

Series D Preferred

 

$

5.29